Indigo Co's projected sales are as follows: August $340,000 September $525.000 October $550,000 Indigo estimates that it will collect 30% in the month of sale, 50% in the month after the sale, and 18% in the second month following the sale. Two percent of all sales are estimated to be bad debts. What are Indigo Co's budgeted cash receipts for October? Budgeted Cash Receipts Cullumber Company's master budget reflects budgeted sales information for the month of June, 2022 as follows: Budgeted Quantity Budgeted Unit Sales Price $7 Product A 45,000 Product B 50,500 $9 During June, the company actually sold 41.500 units of Product A at an average unit selling price of $7.10 and 54,600 units of Product B at an average unit price of $8.90. Prepare a Sales Budget Report for the month of June for Cullumber Company which shows whether the company achieved its planned objectives CULLUMBER COMPANY Sales Rudpet Renart M CULLUMBER COMPANY Sales Budget Report For the Month Ended June 30, 2022 V Difference C A Product Line Favorable (F) Unfavorable (U) Not Applicable (NA) Budget Actual Product A $ $ $ Product B $ S Total Sales $ Crane Production's budged manufacturing costs for July when production was projected to be 3,300 units appears below. $10 per unit $17.300 Direct materials Factory depreciation Variable overhead Direct labor 16,500 6,600 12.900 Factory supervisory salaries 4.300 Other fixed factory costs What is the total flexible budget manufacturing cost for a month when 3,500 units are produced? $ Flexible Budget Manufacturing Cost For June, Coronado Industries estimated sales revenue at $500000. It pays sales commissions that are 4% of sales. The sales manager's salary is $215000, estimated shipping expenses total 1% of sales, and miscellaneous selling expenses are $10000. How much are budgeted selling expenses for the month of July if sales are expected to be $440000? O $32000 $247000 O $22000 O $250000 Bramble Corp. produces a product that requires 2.6 pounds of materials per unit. The allowance for waste and spoilage per unit is 0.3 pounds and 0.1 pounds, respectively. The purchase price is $4 per pound, but a 2% discount is usually taken. Freight costs are $0.2 per pound, and receiving and handling costs are $0.05 per pound. The hourly wage rate is $12 per hour, but a raise which will average $0.3 will go into effect soon. Payroll taxes are $1.20 per hour, and fringe benefits average $2.40 per hour. Standard production time is 1 hour per unit, and the allowance for rest periods and setup is 0.2 hours and 0.1 hours, respectively. The standard direct materials price per pound is O $4.25 $3.92 $4.00. $4.17
